Brian C. Faith - 28 Nov 2023 Form 4 Insider Report for QUICKLOGIC Corp (QUIK)

Signature
/s/ Harjit Lally, Attorney-in-Fact
Issuer symbol
QUIK
Transactions as of
28 Nov 2023
Net transactions value
-$186,195
Form type
4
Filing time
30 Nov 2023, 20:02:15 UTC
Previous filing
25 Aug 2023
Next filing
05 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QUIK Common Stock Options Exercise $0 +43,033 +27% $0.000000 199,843 28 Nov 2023 Direct
transaction QUIK Common Stock Sale $186,195 -16,046 -8% $11.60 183,797 30 Nov 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction QUIK Restricted Stock Unit Options Exercise $0 -43,033 -50% $0.000000 43,032 28 Nov 2023 Common Stock 43,033 $0.000000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were sold to cover the taxes from restricted stock units that vested on November 28, 2023
F2 Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F3 Restricted stock units vest 50% after one year after date of issuance and the remaining 50% after two years from the date of issuance, subject to continued employment of the grantee.